#OneBigBeautifulBill On July 5, 2025, President Trump signed the "A Great Beautiful Law" at the White House, fulfilling promises of tax cuts, increased military spending, and border security. He proclaimed: "America is winning like never before."
What’s inside the Law?
$4.5 trillion in tax cuts (making Trump’s tax rates permanent)
$350 billion for border security (including the USA-Mexico wall and migrant detention)
New tax deductions of $6,000 for seniors earning below $75K
Increase in the child tax credit to $2,200
Cuts to Medicaid and food assistance for low-income individuals (potential loss of coverage for 17M)
New Initiatives
Trump accounts for children with $1,000 from the Treasury
$25 billion for the Golden Dome missile system
$200 tax on silencer guns and shotguns removed.
-Space & Science
Billions allocated for the Artemis and Mars missions
Critics fear the law will worsen inequality, while Republicans praise it as a step toward economic growth. The law will add $3.3 trillion to the federal deficit over the next decade.